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. >> so the good news is that negotiations do continue, there was a meeting today between president obama and house speaker john boehner. that happened at the white house today, we are frying to get more details, we're trying to get our white house chief correspondent jessica yellin on the phone and when she gets more details we'll bring it to you. >>> do you really know how much the extra taxes are going to cost you? lisa sylvester does the math. >> reporter: at the whit low's on wilson restaurant in arlington, sa virginia there,'s plenty of food and drink, but there's something else cooking up. co-owner jonathan williams worrying about the government's fiscal cliff. >> there's a real correlation, people have jobs they spend money, if people are worried about losing their jobs, or don't have a job, they're not going to go out that much, they're going to cook at home or stay home. >> reporter: just a couple miles in the pentagon, many of the people here work directly for the defense department and it's contractors. the defense industry is facing $125 billion of direct -- in addition sever
. >> so the good news is that negotiations do continue, there was a meeting today between president obama and house speaker john boehner. that happened at the white house today, we are frying to get more details, we're trying to get our white house chief correspondent jessica yellin on the phone and when she gets more details we'll bring it to you. >>> do you really know how much the extra taxes are going to cost you? lisa sylvester does the math. >> reporter: at the whit...
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listen to this. >> president obama's argument has been that the economy is doing well enough it could handle a tax hike. if the economy were in recession as we saw last time, then he would be reluctant to lift that top rate. if the economy is growing sharply, then if -- the -- some damage from lifting the top rate then maybe the economy can afford it. now the gdp growth number is not as strong as the jobs report. but if we a weak jobs report, then i think the president would have a really, really hard time getting people, even moderate democrats, to increase the marginal rate. the fact it is a strong report, i think, puts wind in the sails. >> wind in his sails. that's not necessarily what the speaker was saying. let's get straight total son kosik live at the new york stock exchange. >> raw numbers. what is the dow doing? >> we are not seeing the wind go in a strong direction towards the positive direction. you are seeing a mixed bag with stocks now. that's because, you know, despite the huge shocker of this report that was a surprise to the upside, investors see it is they are going
listen to this. >> president obama's argument has been that the economy is doing well enough it could handle a tax hike. if the economy were in recession as we saw last time, then he would be reluctant to lift that top rate. if the economy is growing sharply, then if -- the -- some damage from lifting the top rate then maybe the economy can afford it. now the gdp growth number is not as strong as the jobs report. but if we a weak jobs report, then i think the president would have a...
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Dec 10, 2012
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president obama, the democrats aren't looking to raise anyone's taxes. what they're doing is allowing the bush tax cuts to expire. in other words, allow the tax to go back to where they were when we created jobs. i think, if the republicans are able to say, look, we're willing to allow tax to go for 98% of the nation so that we can talk about entitlements, i think that characterization of the conversation will help them in terms of image because right now it doesn't look as if they care about the middle class. they need to focus in on the fact that they're allowing 98%, the majority of the bush tax cuts to be extended, and they can claim that as a victory. i think you will see a shift in the way people are viewing who's at fault in the fiscal cliff conversation, and you'll be able to have a much more positive attitude about the republicans heading into this so-called battle well hillary clinton in the future. >> l.z. granderson and will cain, thank you, gentlemen. we appreciate it. >> thanks, ted. >>> washington, including president obama, went gangnam s
president obama, the democrats aren't looking to raise anyone's taxes. what they're doing is allowing the bush tax cuts to expire. in other words, allow the tax to go back to where they were when we created jobs. i think, if the republicans are able to say, look, we're willing to allow tax to go for 98% of the nation so that we can talk about entitlements, i think that characterization of the conversation will help them in terms of image because right now it doesn't look as if they care about...
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Dec 8, 2012
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. >>> and president obama and house speaker john boehner are talking again. but that is about the only thing close to progress in efforts to avoid the fiscal cliff. president obama used his weekly address insisting he is ready to make the tough decisions on spending cuts. >> i am willing to make more entitlement spending cuts on top of the one trillion in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families then we're also going to have to ask the wealthiest americans to pay higher tax rates. that is one principle i wouldn't compromise on. >> speaker john boehner has a different view. he says the president needs to abandon what he called his "my way or the highway approach," in his words. if the president does that a lot of things are possible. >>> syrian rebels are battling army units around the capital. activists say 26 people were killed in the damascus subur
. >>> and president obama and house speaker john boehner are talking again. but that is about the only thing close to progress in efforts to avoid the fiscal cliff. president obama used his weekly address insisting he is ready to make the tough decisions on spending cuts. >> i am willing to make more entitlement spending cuts on top of the one trillion in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things...
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>> that's right and i also feel that president obama was re-elected for a reason. an most of the people in this country go along with his idea that the wealthy need to pay their fair share. i think that it would be totally irresponsible on his part and the republicans if they don't come to a decision on this before the first of the year, and get something ironed out -- >> so, richard, what do you think? should we go off the cliff? should we just see where the chips fall? >> no, i do not agree with going off the cliff. we should come to something, some type of an agreement here. but the wealthy should pay their fair share. i do believe in that. >> mayor hall, your town relies on federal funds to keep your water drinkable at the local treatment plant. so how would going off the cliff affect your city budget? >> well, you know, any time that you're dealing with funds that the tax payers money is involve in, you've got to look at the checks and balances and if they cut spending, there is a possibility that that will be cut and our resources will go down the drain liter
>> that's right and i also feel that president obama was re-elected for a reason. an most of the people in this country go along with his idea that the wealthy need to pay their fair share. i think that it would be totally irresponsible on his part and the republicans if they don't come to a decision on this before the first of the year, and get something ironed out -- >> so, richard, what do you think? should we go off the cliff? should we just see where the chips fall? >>...
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obama won the white house. but gays and lesbians lost the right to marry in california. >> we try to figure out what to do next. then we thought about the idea of a possible legal challenge to proposition eight. and serendipitously a friend of my wife's came by the table. >> reporter: the friend suggested they would find an ally in her former brother-in-law, who turned out to be ted olson, a towering figure in the conservative legal movement. so that stunned you, right? >> yes, more than stunned me. it stunned me, but i said if this is true, this is the home run of all times. i mean, the idea that ted olson, this arch conservative, the solicitor general for george bush, who had argued bush v. gore, and basically put me in bed for a couple of days, i was so depressed after bush v. gore, was interested in gay rights. i thought, let's check it out. >> reporter: didn't you have any doubts about ted olson? >> you know, they say that politics makes strange bedfellows. well, you don't have a stranger bedfellow than me
obama won the white house. but gays and lesbians lost the right to marry in california. >> we try to figure out what to do next. then we thought about the idea of a possible legal challenge to proposition eight. and serendipitously a friend of my wife's came by the table. >> reporter: the friend suggested they would find an ally in her former brother-in-law, who turned out to be ted olson, a towering figure in the conservative legal movement. so that stunned you, right? >>...
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she's a barack obama appointee to the court. she's presumed to be a vote in favor of same sex marriage. so it is not just sort of, well, isn't it good that it won't be 4-4. it is going to be same sex marriage supporters are breathing a huge sigh of relief that they didn't take the gill case because losing elena kagan's vote, which we don't know for sure how she will vote, but that would be a tremendous loss for the supporters of marriage equality and they, so they're very happy that kagan is in this case. >> and wasn't to take a look at a usa today poll done just this week, it was done by november 26th and 29th and apparently 53% of those questioned felt that same sex marriage should be legal. 46% said it should not be legal. 2% they were not sure, but, jeff, let me ask you a question, i don't know if i misspoke earlier, is this, you know, about equal protection and that all individuals having the same rights under the united states law? >> well, what makes this case so momentous, the proposition 8 case in particular it a simple
she's a barack obama appointee to the court. she's presumed to be a vote in favor of same sex marriage. so it is not just sort of, well, isn't it good that it won't be 4-4. it is going to be same sex marriage supporters are breathing a huge sigh of relief that they didn't take the gill case because losing elena kagan's vote, which we don't know for sure how she will vote, but that would be a tremendous loss for the supporters of marriage equality and they, so they're very happy that kagan is in...
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we sat down to talk about what he thinks president obama should make a top priority. president obama, he says in his second term he wants to make climate change and protecting the environment a top priority. what do you think he should do? what should he do first? >> he should do what he said he was going to do. >> what's that? >> go ahead and make climate change and the other environmental issues a top priority. i'd like to see him add -- might as well add nuclear weapons too, while we're at it. if we want to make the world safer and better, we might as well go all the way. >> eliminate nuclear weapons? >> that would stop nuclear proliferation. >> do you think it's fair for what the obama administration is doing to iran now, saying you can't have nuclear weapons but we can. >> we have thousands of nuclear weapons. how can we say to other countries you can't have two, particularly when we said it was okay for israel to have 100. >> do you think it iran has nuclear weapons it will be a dangerous situation? >> it's already a dangerous situation. >> how so? >> because ru
we sat down to talk about what he thinks president obama should make a top priority. president obama, he says in his second term he wants to make climate change and protecting the environment a top priority. what do you think he should do? what should he do first? >> he should do what he said he was going to do. >> what's that? >> go ahead and make climate change and the other environmental issues a top priority. i'd like to see him add -- might as well add nuclear weapons...
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awe peeled directly to president obama. is there anything you can do at this point to stop it? >> i got to tell you the people are outraged not only is this anti-worker and anti-family, the way these republicans are going about it is anti-american. introducing it in a lame duck session at the 11th hour, locking people out of the capitol literally, that's what they did last week and tried to shut off my microphone. it is anti-american the way they're going about this and the reason there are so many people at the capitol today is because they're mad at heck and not going to take it anymore. there were 8,000 people at the capitol before i even got my kids off to school this morning. >> the legislation doesn't prevent anybody from joining a union so they'd argue what is the problem. if unions are strong people will join them and it will work out. >> they're saying this is more freedom for union members to have a choice. well that's just baloney. if they believe this, if they really believed in that, that it was good public policy, why are they trying not to have any hearings? why
awe peeled directly to president obama. is there anything you can do at this point to stop it? >> i got to tell you the people are outraged not only is this anti-worker and anti-family, the way these republicans are going about it is anti-american. introducing it in a lame duck session at the 11th hour, locking people out of the capitol literally, that's what they did last week and tried to shut off my microphone. it is anti-american the way they're going about this and the reason there...
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they don't want to include spending cuts and president obama doesn't think he needs to. if we go over the cliff other polls suggest republicans will get the blame. they have most of the leverage, therefore we don't get to a compromise or a deal. one calf national, republicans recognized this lack of leverage. they looked into 2013 and see a couple months in we have a debt ceiling deal. if we don't do a compromise now we're going to hold you during that debt ceiling debate and get spending cuts out of you then and president obama does not want to relive that 2011 catastrophe, chaos. >> roland, before you go, i didn't hear anything, it was all, it sounded like charlie brown to me after i heard you say roland's right. i don't know if i've ever heard you utter those words, will cain. >> actually he often says that. this is not a shocker. it's not breaking news and exclusive. it happens a lot. >> it's a just in, but go ahead, what were you saying? >> here's the deal, first of all for the audience, we talk about the fiscal cliff, it involves three things. first of all it deals
they don't want to include spending cuts and president obama doesn't think he needs to. if we go over the cliff other polls suggest republicans will get the blame. they have most of the leverage, therefore we don't get to a compromise or a deal. one calf national, republicans recognized this lack of leverage. they looked into 2013 and see a couple months in we have a debt ceiling deal. if we don't do a compromise now we're going to hold you during that debt ceiling debate and get spending cuts...